Shri R. K. Bakshi is the Executive Director of Bank of Baroda since 6th November 2008. Prior to joining the Bank, he had been the General Manager, Corporate Credit, Business Process Re-engineering & New Initiatives, Bank of India.
Shri Bakshi, holding Master of Science (M. Sc.) from Meerut University, CAIIB and Diploma in Bank Management, started his banking career by joining "BANK OF INDIA" in 1975 as a Probationary Officer. In a career spanning over 33 years with Bank of India, he acquired rich experience of Banking operations with a thorough knowledge of process flow. Further, he has wide exposure in the areas of International Banking, Treasury, Large Corporate Credit and Planning. Various positions and assignments held by Shri Bakshi include a stint as Faculty in the Training College, posting in London branch, Head of Treasury, Bank of India and as Chief Executive, Singapore Operations of Bank of India.
During Shri Bakshi's tenure as General Manager, Business Process Re-engineering & New Initiatives, Bank of India has made rapid strides in all its spheres of activities, like business growth, technology, organizational restructuring, etc. He pioneered a new foray of the Bank into life Insurance business with the setting up of a Joint Venture Life Insurance Company in collaboration with Daiichi Mutual Life of Japan and Union Bank of India. He was the driving force behind the Change Management initiatives across the Bank.
As Executive Director, Shri Bakshi looks after the important functions of large credit, Treasury, Information Technology, Audit & Business Process Re-engineering. He represents the bank on its Kenya & Tanzania's subsidiaries as well as the Zambian Joint Venture. He also played an active role in the Life Insurance Joint Venture of Bank of Baroda, India First life Insurance Company Ltd and is a Director on its Board. Shri Bakshi is also member of the IBA Standing Committee on Accounting Standards and Taxation.